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LNG

Jan 18, 2021
LNG export revenue takes $12.6b hit

LNG export revenue takes $12.6b hit

Australia’s LNG export revenue dropped to $36.1 billion last year, down from $48.7 billion in 2019, despite increased volumes, according to estimates from EnergyQuest. Export income had been severely impacted by the lower oil prices seen through much of the year since April, together with low spot prices, the energy advisory firm said. Its latest… ...

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Jan 11, 2021
LNG exports fuel strong 2020 finish for Gladstone trade

LNG exports fuel strong 2020 finish for Gladstone trade

Gladstone Ports Corporation is forecasting a successful 2021 after achieving a record high for LNG exports for the month of December. Acting chief executive officer Craig Walker said throughout December GPC exported 2,193,785 tonnes of LNG and welcomed 176 vessels to its three ports in Rockhampton, Gladstone and Bundaberg. The strong finish to 2020 came… ...

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Dec 17, 2020
Gladstone LNG exports continue bumper streak

Gladstone LNG exports continue bumper streak

Gladstone’s LNG plants last month exceeded nameplate capacity for the first time since exports commenced in January 2015, according to figures from EnergyQuest. November was generally a strong month for Australian LNG exports, with 6.9 million tonnes (Mt) shipped, the highest since April this year. EnergyQuest chief executive officer Graeme Bethune said one of the… ...

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Nov 12, 2020
Chinese demand for Qld LNG not flagging

Chinese demand for Qld LNG not flagging

Chinese trade restrictions do not appear to have affected Australian exports of LNG, according to analysts EnergyQuest. All Australian LNG projects export to China but around half of the shipments come from the three Gladstone projects – Australia Pacific LNG, QCLNG and GLNG. And China is heavily invested in Queensland’s LNG industry, with China‚Äôs state-run… ...

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Aug 19, 2020
First Gladstone LNG to Chile

First Gladstone LNG to Chile

Australia has just shipped its first LNG cargo to Chile. EnergyQuest siad the cargo was transported aboard the Sevilla Knutsen (pictured) from the Shell-operated QCLNG project at Gladstone. QCLNG cargoes generally go to China and Japan. The tanker Sevilla Knutsen docked at Quintero, Chile on August 15 after a 24-day voyage of more than 13,500… ...

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Jun 11, 2020
APLNG hits 500 cargoes out of Curtis Island

APLNG hits 500 cargoes out of Curtis Island

The 500th cargo of liquefied natural gas (LNG) has sailed from the Australia Pacific LNG facility on Curtis Island.   ConocoPhillips Australia president Nicholas McKenna said the milestone came nearly four and a half years since our first cargo sailed in January 2016 and 10 years since the business became part of the Gladstone community…. ...

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Mar 16, 2020
Coronavirus disruptions to hit Gladstone LNG trade

Coronavirus disruptions to hit Gladstone LNG trade

Australian LNG is starting to experience a ‘double-whammy’ of lower volumes and lower prices as the impact of coronavirus hits, according to advisory firm EnergyQuest. It says the disruption to trade with China and Japan, while not yet substantial, is most pronounced in shipments from Gladstone. In total Australian projects delivered 29 cargoes to China… ...

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